Question: The IRS is hounding me and won’t leave me alone, so I’ve finally decided to seek help from a Tax Professional who specializes in IRS problems. I want to start getting my paperwork together for the appointment; what will I need to bring with me? Answer: It’s very important to have certain documentation with …
Halloween festivities may be spooky, but dealing with the IRS doesn’t have to be! Let us handle them for you! As a licensed CPA firm, we understand the rules that are buried in the federal tax code and we use these laws to your advantage. The federal tax code changes every year and you need …
Need back tax help? You may have forgotten to pay your taxes, but the IRS never forgets! Tax Penalties and Interest can more than double what you owe to the IRS and the number just keeps growing. Its a liability that can haunt you for decades. Its not just an inconvenience, its a serious problem …
Question: I owe $74,367 for several years of back taxes but do not have the money to pay the IRS. I want to get them off my back and heard of something called an Offer in Compromise. What is it and how do I qualify? Answer: An Offer in Compromise is the IRS’ tax resolution …
What does an IRS garnishment mean to you? You received a notice of “intent to Levy” 30 days ago and you forgot or ignored it. Now it’s Payday. You are expecting a check, but you open the envelope and find that the IRS has already taken out almost all of your money using an IRS …
Question: I received a Notice of Federal Tax Lien via certified mail for unpaid taxes and I’m scared and don’t know what to do. How do I get this situation resolved? Answer: A Notice of Federal Tax Lien (NFTL) is public record and is generally filed with the County Recorder where you reside. It’s a …
Question: I’ve been getting notices from the IRS saying I owe them for back taxes. This is stressing me out and starting to affect other areas of my life. What should I do? Answer: Owing money to the IRS or State can be intimidating and throw your life out of whack but ignoring these notices …
The final step in the IRS collections process is a seizure. At this point the IRS will take everything you have left to satisfy the debt they believe you owe! What Can the IRS Do? Unlike an IRS levies which involves intangible assets such as your bank account, a seizure is the taking of physical assets, including your home, …
We often get asked the question, “I owe the IRS $55,000 plus penalties and interest in back taxes but I think I can handle this myself. Is there any reason why I shouldn’t deal with the IRS on my own?“ One of the worst things you can do is talk to the IRS directly without …
Question: I’ve been getting letters from the IRS saying I owe back taxes for 2017 – 2019. This is taking over my personal life and don’t know where to start. What should I do? Answer: Owing money to the IRS or State can be intimidating and throw your life out of balance but ignoring these …